Liquified Natural Gas

Wall Street Journal Headlines

German power company E.ON said it signed two 20-year deals that would help it transport LNG from the U.S., diversifying energy sources in Europe’s largest economy and shifting away from reliance on Russia.

Investors in giant gas-export terminals from Australia to Canada are facing the prospect of losing billions of dollars plowed into the projects as plunging oil prices darken the outlook for the industry.

A consortium led by the Canadian subsidiary of Chinese state-owned energy company Cnooc has identified Digby Island one of two potential sites for a proposed terminal to export liquefied natural gas to Asia.

Russia's energy minister and the U.S. deputy energy secretary traded barbs at an APEC forum in Beijing, suggesting tensions over Russia's actions in Ukraine may impact a larger meeting of global leaders in China later this year.

A big energy industry conference in Houston is focusing on how much oil could be saved if U.S. auto makers boosted the average fuel efficiency from the current 23 miles a gallon. GM's CEO says it should be plenty.